The Big Fossil Fuel Bailout
Description
In July, the FBI charged Larry Householder, Ohio’s Republican Speaker of the House, with a conspiracy to pass a $1.5 billion bailout in return for $61 million in dark money. The racketeering was allegedly orchestrated by Householder and the utility FirstEnergy to kill Ohio’s renewable energy law and prop up aging coal and nuclear power plants.
What’s happening in Ohio is part of a broader story playing out under the Trump Administration. Fossil-fuel companies like FirstEnergy have used their ties to the Trump regime to push massive bailouts for dirty energy. And the pandemic was the perfect opportunity for the industry to grab more money.
In this episode, we’ll detail how these companies are raking in billions of government dollars in the wake of the $2 trillion covid stimulus package -- while millions of Americans struggle financially from the pandemic.
Featured in this episode: Neil Waggoner, Antonia Juhasz, Alexis Goldstein, Senator Sheldon Whitehouse, and Tamara Toles O’Laughlin.
Don't forget to read the climate change voter's guide before casting your ballot.
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A Matter of Degrees is a production of Post Script Audio